Albert Okumu

Financial Reporting and Treasury Management

• Preparing & improving monthly and annual financial reporting using HFM and treasury management processes.
• Oversee funds are transferred to projects per country on time by communicating with Treasury
• Perform all balance sheet reconciliations (bank accounts, investments, prepaids, deposits, accruals, depreciation, etc.) and prepare month-end close
• Lead the annual budget development process, monitor expenditures and variances, and proactively update income and expense projections.
• General ledger accounts analysis, maintenance, reconciliation and continuously ensuring data accuracy.

Internal

Control and Risk Management

• Maintain appropriate insurance coverage.
• Review of monthly financial documents, provide feedback to internal ethics and compliance department • Report risk issues to the CFO and audit committee

Fixed Assets & Inventory Management

• Introduced fixed asset tagging exercise, maintenance, and accounting for the fixed asset register reconciling it to the General Ledger.
• Chart cash flow and ensure cash flow needs and adherence to Investment Policy.
• Co-ordination of monthly and annual cash and inventory stock counts.

Key Achievements

• Recognition by the management for putting in place a safety control procedure in liaison with the HESQ(Health, Safety & Quality) manager which minimized accidents.
• Introduction of online submission, filing and payment statutory deductions PAYE, NHIF, VAT, Reverse VAT, Withholding VAT.

• Financial & Executive Leadership: Enabled access to USD 5million funding with market leading terms for Java Group Brand expansion program by refining business capitalization strategy, guiding the fundraising process and cultivating relations with investors.
• Human Capital Management: Proficient and knowledgeable in managing employees through ensuring they comply to the policies of the organization and conducting performance evaluations of direct reports and verifying that other supervisors also perform evaluations of their staff in a timely manner according to established procedures.
• Operations & Risk Management: Minimized operational risk by improving corporate governance across the Group’s brand value chain through creation of a comprehensive General and Medical Insurance management and quality assurance system.
• Business and Strategic Management: Invigorated stalled commercial projects KATKO complex, Java Sarit, Java Lugogo and Grand Imperial using deal origination and restructuring leases to favorable rental terms and concessions.
• Financial Advisory: Seasoned in; provision of financial advisory to the property board management about the group’s regional expansion program. computerized financial management, in charge of planning and budgeting functions, implementation of financial best practices for reporting
• Marketing: Experienced in developing marketing strategies to ensure the achievement of set sales targets; weekly, monthly, and annual targets.
• Administrative skills: successfully managed daily operational functions and supervised the finance team, circulated monthly management key figures to the senior management, prepared Key Performance Indicators and balance score cards for the staff that I supervised and established procedures for custody and control of assets.
• ICT Competency: Proficient and conversant working with and active participation and implementation of business applications software’s Sun-system, Sage Pastel Evolution, Microsoft Dynamics, SAP Business One. competent in Microsoft Office Application suite, and knowledge in navigating the internet.

• Jan 2023- Present: Master of Tax & Customs Administration – Moi University.
• Bachelor of Business Administration- Accounting & Finance Option – Kenya Methodist University.

Certified Public Accountant – (C.P.A (K) - Strathmore University;

• Certified Coaching – Strathmore University in progress